ANDRITZ reports favorable 2014 business year

05.03.2015, 6382 Zeichen

Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.

annual result
Graz, March 5, 2015. In 2014, international technology Group ANDRITZ improved all financial key figures compared to the previous year:
- Sales amounted to 5,859.3 million euros (MEUR) and were thus 2.6% higher than in the previous year (2013: 5,710.8 MEUR).
- Order intake increased by 8.7%, reaching an all-time high of 6,101.0 MEUR (2013: 5,611.0 MEUR). This positive development is attributable to the PULP & PAPER and METALS business areas.
- The order backlog at the end of 2014 amounted to 7,510.6 MEUR (+1.7% compared to the end of 2013: 7,388.5 MEUR) and thus also reached a new record high.
- At 379.5 MEUR, the EBITA was well above the very low level of the previous year, which was impacted negatively by additional costs in the PULP & PAPER and SEPARATION business areas (+131.3% versus 2013: 164.1 MEUR). The EBITA margin also increased substantially to 6.5% (2013: 2.9%).
- Net income increased to 210.0 MEUR (2013: 53.2 MEUR).
- The net worth position and capital structure as of December 31, 2014 remained solid. Total assets amounted to 5,967.6 MEUR (December 31, 2013: 5,571.4 MEUR) and the equity ratio to 17.0% (December 31, 2013: 16.7%). Liquid funds reached 1,701.6 MEUR (end of 2013: 1,517.0 MEUR) and net liquidity amounted to 1,065.1 MEUR (end of 2013: 893.1 MEUR).
- At the Annual General Meeting on March 26, 2015, the Executive Board will propose a dividend increase to 1.00 EUR per share for the 2014 business year (2013: 0.50 EUR).
Wolfgang Leitner, President and CEO of ANDRITZ AG, on the outlook for the 2015 business year: "From today's perspective, no substantial change is expected in project activity in the markets served by ANDRITZ compared to the satisfactory level of 2014. The market environment is still challenging, which is why we will continue with our measures to further enhance competitiveness and profitability this year."
On the basis of these expectations and the order backlog at the end of 2014, ANDRITZ expects a slight sales increase in 2015 as well as an improvement in net income compared to 2014.
- End -
Key financial figures at a glance
(in MEUR) 2014 2013 +/- Q4 2014 Q4 2013 +/- Sales 5,859.3 5,710.8 +2.6% 1,736.4 1,566.2 +10.9% HYDRO 1,752.3 1,804.8 -2.9% 520.1 503.3 +3.3% PULP & PAPER 1,969.3 2,005.3 -1.8% 599.4 548.6 +9.3% METALS 1,550.4 1,311.0 +18.3% 438.6 348.1 +26.0% SEPARATION 587.3 589.7 -0.4% 178.3 166.2 +7.3%
Order intake 6,101.0 5,611.0 +8.7% 1,529.4 1,559.7 -1.9% HYDRO 1,816.7 1,865.4 -2.6% 650.7 643.8 +1.1% PULP & PAPER 1,995.7 1,907.7 +4.6% 366.1 490.4 -25.3% METALS 1,692.8 1,233.8 +37.2% 364.7 275.5 +32.4% SEPARATION 595.8 604.1 -1.4% 147.9 150.0 -1.4%
Order backlog (as of end of period) 7,510.6 7,388.5 +1.7% 7,510.6 7,388.5 +1.7%
EBITDA 472.0 255.2 +85.0% 173.1 25.9 +568.3% EBITDA margin 8.1% 4.5% - 10.0% 1.7% -
EBITA 379.5 164.1 +131.3% 145.1 -2.9 +5,103.4% EBITA margin 6.5% 2.9% - 8.4% -0.2% -
EBIT 295.7 89.8 +229.3% 119.7 -26.4 +553.4%
Financial result 3.7 -9.5 +138.9% 5.4 -4.1 +231.7%
EBT 299.4 80.3 +272.9% 125.1 -30.5 +510.2%
Net income (without non- controlling interests) 210.9 66.6 +216.7% 87.3 -12.2 +815.6%
Cash flow from operating activities 342.1 93.7 +265.1% 342.1 174.8 +95.7%
Capital expenditure 106.5 111.4 -4.4% 44.6 45.9 -2.8%
Employees (as of end of period; without apprentices) 24,853 23,713 +4.8% 24,853 23,713 +4.8%

The Schuler Group was consolidated into the consolidated financial statements of the ANDRITZ GROUP as of March 1, 2013 and is allocated to the METALS business area. No pro forma figures are available for the reference period of the previous year.
All figures according to IFRS. Due to the utilization of automatic calculation programs, differences can arise in the addition of rounded totals and percentages. MEUR = million euro. EUR = euro.
Press release for download The press release is available for download at the ANDRITZ web site: www.andritz.com/news.
The ANDRITZ GROUP ANDRITZ is a globally leading supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, the metalworking and steel industries, and for solid/liquid separation in the municipal and industrial sectors. The publicly listed technology Group is headquartered in Graz, Austria, and has a staff of almost 25,000 employees. ANDRITZ operates over 250 sites worldwide.
Annual and financial reports The annual reports and financial reports of the ANDRITZ GROUP are available as PDF for download at www.andritz.com. Printed copies can be requested by e-mail to investors@andritz.com.
Disclaimer Certain statements contained in this press release constitute "forward-looking statements". These statements, which contain the words "believe", "intend", "expect", and words of a similar meaning, reflect the Executive Board's beliefs and expectations and are subject to risks and uncertainties that may cause actual results to differ materially. As a result, readers are cautioned not to place undue reliance on such forward-looking statements. The company disclaims any obligation to publicly announce the result of any revisions to the forward-looking statements made herein, except where it would be required to do so under applicable law.
end of announcement euro adhoc
company: Andritz AG Stattegger Straße 18 A-8045 Graz phone: +43 (0)316 6902-0 FAX: +43 (0)316 6902-415 mail: welcome@andritz.com WWW: www.andritz.com sector: Machine Manufacturing ISIN: AT0000730007 indexes: WBI, ATX Prime, ATX, ATX five stockmarkets: official market: Wien language: English
Digital press kit: http://www.ots.at/pressemappe/2900/aom

Christian Drastil: Wiener Börse Plausch

Börsepeople im Podcast S25/12: Florian Wagner

Andritz

Bildnachweis

1. Andritz ist am 25.Juni 2001 an die Wiener Börse gegangen, die langfristig beste Wiener Aktie   >> Öffnen auf photaq.com

Aktien auf dem Radar:AT&S, Strabag, Telekom Austria, Semperit, EuroTeleSites AG, Amag, Uniqa, DO&CO, Lenzing, SBO, voestalpine, Frequentis, Andritz, FACC, Heid AG, Mayr-Melnhof, Rosenbauer, BKS Bank Stamm, CPI Europe AG, Österreichische Post, UBM, Bayer, Caterpillar, Zalando, Merck KGaA, Fresenius Medical Care, Fresenius, GEA Group, Rheinmetall, BASF, Deutsche Post.

---

Mehr aktuelle OTS-Meldungen HIER